Bitcoin Has NOT Topped Yet
From The Desk Of Anthony Pomplianoยท2025-08-26 19:15
Market Trend Analysis - Bitcoin's recent price drop from its all-time high of $124,000 has sparked debate about the bull market's end, but data suggests otherwise [1] - Bitcoin tends to cool off in late August and September during bull markets, a pattern observed in 2013, 2017, and 2021 [2] - The recent price drawdown is likely part of the normal volatility in Bitcoin bull markets [3] - Instead of multiple 30% drawdowns, the market now sees more frequent 5% to 15% drops [3][4] Bull Market Indicators - None of the 30 different Bitcoin bull market peak indicators from Coin Glass have been triggered yet [1] Future Outlook - October and November are expected to be positive, but short-term choppiness is anticipated [4]